Treasury slashes NIS budget by Sh10 billion

The National Treasury building in Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

The Treasury has slashed the budget of the National Intelligence Service (NIS) by Sh10 billion as the State moves to implement an austerity plan on the expenditures of ministries, departments, and agencies (MDAs) in the current 2022/2023.

The Treasury cut the budget for the security intelligence from Sh46.127 billion to Sh36.127 billion in the financial year ending June 30.

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